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Cash and Restricted Cash

12 Months Ended

Dec. 31, 2020

Cash and Restricted Cash [Abstract]

Cash and Restricted Cash

Note 4 - Cash and Restricted Cash

The following table provides a reconciliation of cash and restricted cash reported within the consolidated balance sheets and statements of cash flows.

		December 31,
		2020				2019				2018
Cash		$	3,426,467			$	6,388,978			$	3,116,209
Restricted Cash			1,367,630				2,192,201				3,991,949
Total cash and restricted cash presented in the consolidated statement of cash flows		$	4,794,097			$	8,581,179			$	7,108,158

Restricted cash includes cash balances held on behalf of customers (See Note 2 for further information).

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- References

No definition available.

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- Definition

The entire disclosure for cash and cash equivalent footnotes, which may include the types of deposits and money market instruments, applicable carrying amounts, restricted amounts and compensating balance arrangements. Cash and equivalents include: (1) currency on hand (2) demand deposits with banks or financial institutions (3) other kinds of accounts that have the general characteristics of demand deposits (4) short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Generally, only investments maturing within three months from the date of acquisition qualify.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(1))
-URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682

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